Global ETF News Older than One Year
ETF Securities Research-Gold and the Precious Metals Begin 2015 with Resilience
January 12, 2015--Gold leads precious metals gainers as global volatility picks up. Gold was the best performing precious metal in the first full week of the New Year gaining 3.9% as geopolitical fears supported defensive assets like bonds and precious metals.
Geopolitical concerns have increased along with volatility led by questions surrounding the future of Greece in the Eurozone and terrorist attacks in France. Investors ignored a largely positive labour report on Friday, while focusing on the lack of wage pressure. The report showed that average hourly earnings dropped 0.2% in December, the largest monthly decline since the comparable data series has been tracked (since April 2006), prompting a weakening of the Dollar and some support to precious metals prices.
Source: ETF Securities Research
BlackRock ETP Landscape ETP Landscape: Record month closes record year
January 12, 2015--GLOBAL ETPs FINISH RECORD YEAR WITH BEST MONTHLY FLOWS EVER
Global inflows surged to $61.5bn in December, extending the 2014 record to $330.6bn, with encouraging news on the US economic outlook, a strong dollar and a further drop in the price of oil sparking a late-month equity rally
U.S.-listed ETP flows reached $52.6bn, surpassing $40bn in consecutive months for the first time, as the Fed remained unexpectedly accommodative and the final reading on Q3 GDP growth hit an eleven-year high of 5.0%
Following the Fed announcement, fixed income flows accelerated to finish December at $5.7bn, led by broad-market U.S. funds as well as European and U.S. investment grade corporate debt
Japanese equity gathered $5.6bn, all from Japan-listed funds, as Prime Minister Abe secured support for his economic policies in early elections, sending stocks higher.
Source: BlackRock- ETP Research
NYSE Group and MYRA Capital Launch NYSE Dynamic Allocation Indices Family
January 12, 2015-Indices aim to provide investors and institutional asset managers performance advantage coupled with award-winning dynamic asset allocation index solutions
The New York Stock Exchange, part of the Intercontinental Exchange ICE, -2.93% global network of exchanges, and MYRA Capital announced today the launch of the new NYSE Dynamic Allocation Indices family to fulfill the increasing demand for innovative index solutions combined with an intelligent risk management and dynamic beta-management. Together, MYRA Capital's experience and specialization in dynamic, forecast-free and risk-controlled quantitative asset allocation strategies, along with the industry-leading indexing capabilities and deep experience of the NYSE Global Index Group, form a unique combination suited to offer solutions for both retail and institutional investors.
Source:NYSE
ETP investors still gunshy on gold
January 12, 2015--Exchange traded products backed by physical gold have seen eight consecutive quarterly reductions.
Gold touched a one-month high in Asia this Monday; when priced in euros, in fact, it rose to the highest level seen since September 2013.
Source: MineWeb
ETF industry booms in record-breaking year
January 11, 2015--Investors ploughed record amounts of cash into exchange traded funds last year as the expansion of the ETF industry accelerated worldwide.
Numerous records for ETF inflows were set in 2014 by providers, and across asset classes and geographies. This was helped by a massive surge in December, when investors allocated $61.5bn of new cash, a monthly record.
Source: FT.com
A bitcoin believer on its perils and its potential
January 9, 2015--Bitcoin is dangerous and people should steer away from using it.
This is a bearish opinion held by many traditional investors, but not one you would expect from the man responsible for turning the virtual currency into a commodity worth billions.
Source: FT.com
Precious metals drove commodity ETPs' $20bn loss in 2014
January 9, 2015--Record inflows into energy products in the final quarter partially offset the annual decline in global ETP values.
Declines in precious metals prices drove a drop of more than $20 billion in commodity exchange-traded product holdings in 2014, according to ETF Securities Ltd.
Source: MineWeb
BNY Mellon Q4 2014 ETF Newsletter
January 9, 2015--Global Market Commentary
Globally, as of November 30, 2014, there were 3,940 ETFs in 8,397 listings and total assets of $2.617 trillion. There are a total 204 providers on 59 exchanges.
Global net inflows into ETFs YTD 2014 reached $268.12 billion. iShares, Vanguard and SPDR ETFs led global inflows (as well as US inflows), while PowerShares, China AM and PIMCO led global outflows.
There have been 480 new ETFs launched globally YTD 2014 from 92 providers on 36 exchanges.
Source: ETFGI, November 2014
U.S. Market Commentary
The United States has 1,378 ETFs with assets of $1.98 trillion. There are 53 ETF providers on 3 exchanges. The US represents 75.8 percent of global ETF assets.
There were net new inflows into ETFs totaling $190.65 billion YTD as of the end of November. This represents 71 percent of global inflows.
Source: BNY Mellon
New players pile into ETP industry
January 9, 2015--In a strong year for asset growth in exchange-traded products, the number of firms that either entered the industry or expanded into new territories rose sharply in 2014.
In all, 29 firms rolled out their first ETP or entered new markets last...
Overall assets in the industry climbed to $2.8 trillion, a 17% year-on-year increase...
Source: Financial News
DECPG Global Weekly -Taking Stock
January 9, 2015--Oil prices fell to new lows. Oil prices declined to levels last hit in May 2009 as concerns about a stock surplus and
demand weakness weighed on crude markets. ICE February Brent-the international oil marker-fell $2.67 to $53.75 a barrel in Monday trading to fresh five-and-a-half-year lows.
Meanwhile, the Nymex February West Texas approached $50 a barrel and the US benchmark dropped $2.14 to $50.55.
The euro continued to slide. The euro dropped to $1.1809 on Wednesday, its weakest level since 2006, as Eurozone consumer prices fell by a more-than-expected 0.2 percent annually in December, the lowest since September 2009. The inflation rate in Germany, the bloc's laregst economy, slowed to 0.1 percent (y/y) in December from a 0.5 percent in November, which was the lowest figure since October 2009. Concerns that tumbling oil prices will tip the currency bloc into a deflationary spiral have strengthened the case for the European Central Bank (ECB) to take bold policy action, such as sovereign asset purchase, to ward off deflationary risk in the monetary union.
Investor sentiment in the Eurozone improved. Eurozone's Sentix investor confidence index unexpectedly improved for the third consecutive month, climbing to 0.9 in January from -2.5 in December. Economists had forecast the index to improve to -1. The expectations sub-index rose to 13.5 from 12, while the current situation index rose to -11 from -16.
Source: World Bank
